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Apr 23, 2013
04/13
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KOFY
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hisó[ proposal eliminate the state sales tax for anyone buying hybrid or electric vehicle. 3000 dollar savings of a green energy car. gas leap powered vehicle generate 40 percent of the state air pollution. >> great story. 13-year-old girl from fremont got an opportunity to share some of her scientific knowledge with the president today. jessica was among 30 students from across the nation who attended the third white house science fair. met the president. got firsthand look at invention that won the stem competition. that's the nation top science technology engineering and math competition. >> want you to know that you have got a whole country behind you as you pursue your dreams. and your success is going to be our success as well. >> all right? >> way to go. >>reporter: young jessica awarded for her project thaebingt uses led lights to help strengthen tired eye muscle and improve peripheral vision. how impressive is tha that. >> well, then, this. 2 high school students in nova scotia asked canadian astronaut what it would be like to dip a wash cloth into water and then squeeze it. s
hisó[ proposal eliminate the state sales tax for anyone buying hybrid or electric vehicle. 3000 dollar savings of a green energy car. gas leap powered vehicle generate 40 percent of the state air pollution. >> great story. 13-year-old girl from fremont got an opportunity to share some of her scientific knowledge with the president today. jessica was among 30 students from across the nation who attended the third white house science fair. met the president. got firsthand look at...
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Apr 23, 2013
04/13
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KQED
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when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional portions that it brings up? >> the supreme court said in 1992, a time we were talking about catalogs. that that time, state laws were too complex for everyone. guess what? we are in a different day and age, everyone knows electronic commerce, the internet is here to take. it's robust and what you have now is because congress has not acted you are giving a subsidy to online retailer that is not needed. what we need to do is treat everyone the same. if you have customers in a state with a sales tax, you should collect and remit. >> steve, you got the first
when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional...
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Apr 24, 2013
04/13
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FOXNEWSW
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>> more taxes. there are so many hidden taxes in the affordable healthcare bill, which is a strange name, that we all are going to be paying. you know, initially, just the rich. then the semi-rich. then the nonrich. you know, the money has to come from someplace. what happens when the government grows to this size -- this is what the founding fathers warned us against. >> neil: in other words, the more you want, the more you have to pay and they tapped the rich and it's not enough to pay the bills. so how far down the so-called food chain do you see this going? >> obviously it's going to affect everyone eventually. also you have to remember that when you affect one segment of the population, we don't live in isolation, every segment will be affected. so the people who create jobs, if you're hurting them, they're not going to create as many jobs. on and on it goes. it's a continuum. we're all in the same boat. we need to be talking about things that work for everybody in an efficient way. >> neil: a
>> more taxes. there are so many hidden taxes in the affordable healthcare bill, which is a strange name, that we all are going to be paying. you know, initially, just the rich. then the semi-rich. then the nonrich. you know, the money has to come from someplace. what happens when the government grows to this size -- this is what the founding fathers warned us against. >> neil: in other words, the more you want, the more you have to pay and they tapped the rich and it's not enough...
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Apr 22, 2013
04/13
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FBC
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this is the internet tax we heard about for so long. would this make you less likely to shop on the internet? log on to facebook.co facebook.com/afterthebell, tell us what you think. we'll read your answer as little later this hour. ♪ . [ male announcer ] at his current pace, bob will retire whene's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob n retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritrade. liz: been a long time since we've seen a stock react like this in the after markets especially to the upside. take a look at shares of netflix, soaring after-hours following first-quarter earnings. we have back to nicole petallides. this is significant jump on very solid numbers. >> it is unbelievable to watch netflix after-hours on the move. we talked about a few things. let's first go over the numbers
this is the internet tax we heard about for so long. would this make you less likely to shop on the internet? log on to facebook.co facebook.com/afterthebell, tell us what you think. we'll read your answer as little later this hour. ♪ . [ male announcer ] at his current pace, bob will retire whene's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and...
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Apr 22, 2013
04/13
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FBC
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ten-year strategy by the kochs to shift the nation to a smaller government with less regulation and taxes. now, that rattles folks like the editor-in-chief of the rap.com, a hollywood web site, who writes, quote: the koch brothers are known for having funneled multiple millions of dollars into right-wing political campaigns. this news should make anyone who cares about journalism nervous. well, i care about journalism, i'm not nervous. the chandler family founded the l.a. times in 1888 as a conservative newspaper, and never mind that no complaints were raised after reports that democratic billionaires ron burkle and ely broad were interested in buying "the new york times." there's that old saying that freedom of the press goes to the guy who owns one. the key point here isn't red or blue or politics, it's green -- money. tribune company just emerged from chapter 11, and while liberal pillars in hollywood are interested mainly in buying only the l.a. times, the koch brothers may bid to buy all eight tribune newspapers combined, and that could better insure their survival. liz? liz: well, y
ten-year strategy by the kochs to shift the nation to a smaller government with less regulation and taxes. now, that rattles folks like the editor-in-chief of the rap.com, a hollywood web site, who writes, quote: the koch brothers are known for having funneled multiple millions of dollars into right-wing political campaigns. this news should make anyone who cares about journalism nervous. well, i care about journalism, i'm not nervous. the chandler family founded the l.a. times in 1888 as a...
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Apr 22, 2013
04/13
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FOXNEWSW
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. >> the replace cuts with other cuts and tax increases on the wealthy. >> this fight is playing out in court as well. the nation's airline association is suing the f.a.a. to halt these furloughs claiming that the administration has the authority to cut elsewhere. bret? >> bret: rich edson at washington's international airport. rich, thanks. wall street is trying to recover from its worst week of the year. the dow gained 20. the s&p 500 was up 7. the nasdaq finished up 27.50. >> we're not so sure about obama phone, however. whether he likes it or not, and even though he didn't create it, chief news correspondent the president is linked to another popular give away program. >> what started out as an effort ronald reagan help people in poor areas have a phone in rural areas has mush roomed in what rit particulars suspect is a new welfare program. >> the cost has gone from $143 million a few years ago to $2.2 billion today. a 15 times increase. >> the cost of the program left after cell phones were added in 2008. only low income people on welfare legally qualify but lawmakers say the pr
. >> the replace cuts with other cuts and tax increases on the wealthy. >> this fight is playing out in court as well. the nation's airline association is suing the f.a.a. to halt these furloughs claiming that the administration has the authority to cut elsewhere. bret? >> bret: rich edson at washington's international airport. rich, thanks. wall street is trying to recover from its worst week of the year. the dow gained 20. the s&p 500 was up 7. the nasdaq finished up...
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Apr 23, 2013
04/13
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CSPAN
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it talks about the tax liability issue. i should have referred to pages bill. 69 of the the standard is ambiguous as to the backould trigger tax liability. i have given a citation error. the standard would give you discretion to identify what documentation that would have to prove to show they had fulfilled their obligation to pay any back taxes. i wanted to talk about another provision. this one is on page 63 of the bill. it deals with who is eligible for rpi status. thoseves eligibility for who have received orders of deportation but have absconded, meaning they fled after having been ordered deported, or they had returned to the united states following an order of deportation after which they return to their home country or another country. i am concerned about this that this might reward condon that seems to be in clear violation of a court order. policy?gree with this >> right. i have read the bill but not pages.not memorize the a provision inis the sense that if somebody has been removed from the country and it would
it talks about the tax liability issue. i should have referred to pages bill. 69 of the the standard is ambiguous as to the backould trigger tax liability. i have given a citation error. the standard would give you discretion to identify what documentation that would have to prove to show they had fulfilled their obligation to pay any back taxes. i wanted to talk about another provision. this one is on page 63 of the bill. it deals with who is eligible for rpi status. thoseves eligibility for...
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Apr 23, 2013
04/13
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CSPAN2
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over 80% of the uninsured are filing taxes. we know where they are so they won't be able to collect those fines. also may represent an opportunity to get those uninsured people signed up. you're already putting a lot of information, your social security number, your income. that's enough information to tell the government what you qualify for. you qualify for medicaid or to qualify for exchange? that will be an easy way to get people signed up that having to have them take the extra step of signing up through a separate application or another person or going to the post office or wherever you're going to see these basically. >> host: jenny gold is a correspondent with kaiser health. kaiser health news.org. thank you so much for coming on today. >> guest: thank you. >> discussion of cybersecurity and critical infrastructure including the electric grid thinking and air travel. >> the museum is meant to help a visitor relive the first eight years of the 21st century. the museum explains the decision-making process that i went thro
over 80% of the uninsured are filing taxes. we know where they are so they won't be able to collect those fines. also may represent an opportunity to get those uninsured people signed up. you're already putting a lot of information, your social security number, your income. that's enough information to tell the government what you qualify for. you qualify for medicaid or to qualify for exchange? that will be an easy way to get people signed up that having to have them take the extra step of...
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Apr 19, 2013
04/13
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KICU
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maybe it is the fear that we all had with the government cutbacks and also the tax hike that we had - that's the increased payroll tax for social security that we saw - so that is biting into the economy. but clearly, almost all the data, not only here but around the world, has come out weaker, so that is real; and combine that with some disappointing earnings on balance, and i think that is cause for concern or pause for the market right now. - gold futures made a mighty move to the downside this week. what are you seeing in gold mining stocks? - wow, i tell you, it was a real blowout in gold. gold is one of those assets, but i look at gold back in '08 was, i think, a low $600, and it is now still, what, close to $1,400? so, a set-back was ok, it was just one of those classic commodity washouts. gold miners, on the other hand, they have lagged the price of gold for the past several years at least, and a lot of that has to do with their cost of production and some of the acquisitions they've made and some of the operating cost or lack of management of such. so it's a little different.
maybe it is the fear that we all had with the government cutbacks and also the tax hike that we had - that's the increased payroll tax for social security that we saw - so that is biting into the economy. but clearly, almost all the data, not only here but around the world, has come out weaker, so that is real; and combine that with some disappointing earnings on balance, and i think that is cause for concern or pause for the market right now. - gold futures made a mighty move to the downside...
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Apr 22, 2013
04/13
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FBC
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tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombings and lou dobbs gives us his take. @ at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. gerri: charges filed in the boston and bombing the 90 killed has been charged with conspiracy to use a weapon of mass destruction and mirandize. it carries a possible death sentence he is still in a hospital in serious condition. the white house decided to try him in a federal court system instead of t
tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombings and lou dobbs gives us his take. @ at od, whatever...
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Apr 23, 2013
04/13
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KPIX
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the proposed tax would demand that online retailers tax you. california is among states that already have similar laws and the bill is being backed by the national retail federation. they say it would make the playing field even between brick and mortar stores and their online competition. >>> sharing passwords is oh, too common when it comes to a free ride for pay per view providers like hbo and netflix but should you be worried? kpix 5 consumerwatch reporter julie watts reports. >> reporter: steven miller wants hbo. >> i'll a big bill maher fan. >> reporter: he just doesn't want everything that comes with it. >> ive to pea for tomorrow cast and dish and pay for basic promises which contain so many things i don't want to watch it's he ridiculous. so he uses hbo go. with a borrowed password. >> someone was kind enough to loan me their password and id. >> in fact government wanted to be aggressive, they could fairly easily tomorrow up with a felony charge. >> charges ranging from computer fraud to unauthorized access depending on the terms of se
the proposed tax would demand that online retailers tax you. california is among states that already have similar laws and the bill is being backed by the national retail federation. they say it would make the playing field even between brick and mortar stores and their online competition. >>> sharing passwords is oh, too common when it comes to a free ride for pay per view providers like hbo and netflix but should you be worried? kpix 5 consumerwatch reporter julie watts reports....
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Apr 22, 2013
04/13
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CNBC
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a few states don't collect sales tax. it means that everybody else in the country is subsidizing their employers. when you say it's bad for small business, i don't understand why. it's the small brick and mortar companies that are being hurt by the current law and, therefore, we're losing employment in states among small retail outlets not on the internet because we're subsidizing thee other states who don't collect the sales tax. >> senator ayotte, your response. >> my response is this is a big money grab from the states. can you imagine requiring these online businesses to collect for almost 9,600 tax jurisdictions throughout the country. talk about burdens on businesses. by the way, this is big retailers and business lining up for smaller online businesses to have to do their tax collection for states. it is so wrong. actually the last thing we should do and a precursor to other things they will try to grab using the internet including taxing the ber net in my view. >> i wasn't for if sales tax until i saw art laffer o
a few states don't collect sales tax. it means that everybody else in the country is subsidizing their employers. when you say it's bad for small business, i don't understand why. it's the small brick and mortar companies that are being hurt by the current law and, therefore, we're losing employment in states among small retail outlets not on the internet because we're subsidizing thee other states who don't collect the sales tax. >> senator ayotte, your response. >> my response is...
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Apr 24, 2013
04/13
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FBC
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, we just tax people. we have seen it before. fundamentally, there does need to be reform in washington, $100 billion a year in corporate welfare, crony capitalism that needs to be looked at money from that should be us used at the gn energy. neil: i we think we should drop all subsidies. >> this green energy stuff is crony capitalism. neil: just, get rid of them all, what do you think? >> neil, we're in middle of that, new tech is a government guaranteed lender, that program is worked for 53 years, this year because of the risk sharing between new tech and government a zero subsidy item. there are times where government, does play an active and important role. but -- >> that is a lendinga i'm talking about with a government assuming the role of propping up an stray, or providing -- a industry or providing tax break to give an advantage, i think whether it is oil, or solar or anything in between, stop it. >> government should not be in venture capital business. neil: us can be a little bit pregnant. >> wel
, we just tax people. we have seen it before. fundamentally, there does need to be reform in washington, $100 billion a year in corporate welfare, crony capitalism that needs to be looked at money from that should be us used at the gn energy. neil: i we think we should drop all subsidies. >> this green energy stuff is crony capitalism. neil: just, get rid of them all, what do you think? >> neil, we're in middle of that, new tech is a government guaranteed lender, that program is...
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Apr 23, 2013
04/13
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MSNBCW
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the city already opposes the highest cigarette taxes in the country. it also bans smoking in bars, parks and beaches while launching graphic advertising campaigns about the hazards of smoking. smokers of retailers say those restrictions are nannyish and bad for business. it aims at stopping young people from developing a habit that is the leading causes of death. they say the measure would drive younger smokers to neighboring communities t. hearing on the proposal set for may 2nd. i have a funny feeling joe and mika will have more to say about that story. the folk singer guitars who opened the woodstock festival in 1969 died on monday. ♪ sometimes i feel like i'm in time. >> rich chi haven's family said he died of a heart attack a. public mem mofrl is being planned. they say the singer never fully recovered from kidney surgery he suffered from years ago. he may be most famous for the first performer at woodstock. he launched the two day festival with more than two hours of music. havens was 72-years-old. >>> as always, let us know why you are awake.
the city already opposes the highest cigarette taxes in the country. it also bans smoking in bars, parks and beaches while launching graphic advertising campaigns about the hazards of smoking. smokers of retailers say those restrictions are nannyish and bad for business. it aims at stopping young people from developing a habit that is the leading causes of death. they say the measure would drive younger smokers to neighboring communities t. hearing on the proposal set for may 2nd. i have a...
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Apr 23, 2013
04/13
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we'll be right back. ♪ i'm the tax man, yeah, i'm the tax man. should 5% appear to small. ♪ martha: a top republican senator is now objecting to a claim that members of his party were using the boston terror attack as an excuse to delay immigration reform. this is an important hearing on this matter that is underway right now. meanwhile things got a little bit tense yesterday after democratic senator charles schumer made these comments, watch this exchange. >> the chairman has a very open process, so a few ways to improve the bill offer an amendment in may and let's vote on it. i say that particularly to those who are pointing to what happened, the terrible tragedy in boston as i would say an excuse for not doing a bill or delaying it many months or years. >> i never said that. >> i didn't say you did. >> i never said that. >> i didn't say you did, sir. i didn't say you did. i don't mean you mr. grassley. >> chairman i don't appreciate you demeaning the witnesses that are coming here. martha: tempers flaring at that hearing. i'm joined by bob b
we'll be right back. ♪ i'm the tax man, yeah, i'm the tax man. should 5% appear to small. ♪ martha: a top republican senator is now objecting to a claim that members of his party were using the boston terror attack as an excuse to delay immigration reform. this is an important hearing on this matter that is underway right now. meanwhile things got a little bit tense yesterday after democratic senator charles schumer made these comments, watch this exchange. >> the chairman has a very...
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Apr 24, 2013
04/13
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six years the bank didn't foreclose and she was told she was liable for the taxes the whole time. gerri: oh my goodness. the other ramification is if you have one of these homes in your neighborhood it hurts everybody's fried. there is a depressive effect on the market. have you seen that play out? >> no question. in some areas that is playing out and what some consumer advocates are saying is this is discriminatory because a lot of the neighborhoods tend to be heavily minority populated, tend to be lower-income neighborhoods so that is the way that consumer advocates are trying to get at the bank for this because there's no actual law that prevents them from not foreclosing. gerri: you would think it is in their best interests to do that but it is not right now. how do you see this playing out? how long will it take banks to unload this stuff? finally get rid of it, get it off of the books so we can move on, one of the things keeping the housing market where it is. >> if hour recording shows this non foreclosure, the zombie homes or bank walk aways is quite recent and getting big
six years the bank didn't foreclose and she was told she was liable for the taxes the whole time. gerri: oh my goodness. the other ramification is if you have one of these homes in your neighborhood it hurts everybody's fried. there is a depressive effect on the market. have you seen that play out? >> no question. in some areas that is playing out and what some consumer advocates are saying is this is discriminatory because a lot of the neighborhoods tend to be heavily minority populated,...
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Apr 24, 2013
04/13
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KGO
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. >> reporter: he organizes and agitates and lobbies for a tax on carbon. he gets arrested for protesting that big new pipeline from canada. and tries to convince colleges to dump their oil company stock. >> so to somebody who says it's a very common political phrase, we need an all of the above strategy, we need clean energy, solar panels, but we also need the keystone xl pipeline because our economy depends on it. and people in emerging markets need to eat. to that you need to say? >> we've got to change because our economy depends on changing. if we let global warming get out of hand, the effects on our economy are equivalent to world war 1, world war ii, and the great depression combined. we look back an the first earth day in 1970. 20 million americans were in the streets, 1 in 10 of the current population then. that's the kind of movement we're going to need if we're going to stand up to the power of this industry and make the change that we need. >> our thanks to bill weir for that report. and thank you for watching abc news. tune into "good morning
. >> reporter: he organizes and agitates and lobbies for a tax on carbon. he gets arrested for protesting that big new pipeline from canada. and tries to convince colleges to dump their oil company stock. >> so to somebody who says it's a very common political phrase, we need an all of the above strategy, we need clean energy, solar panels, but we also need the keystone xl pipeline because our economy depends on it. and people in emerging markets need to eat. to that you need to...
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issues the house doesn't always like the senate making tax decisions or though this isn't raising taxes it's just in forcing taxes but what you will see is you'll see the e.p.a. advocacy will fall away and this is a very good chance it's going to pass in the senate so just to clarify this right now nationwide if you buy something on the internet and you don't pay sales taxes not collected by the seller you have a legal obligation to write a letter to your state at the end of the year or as a buyer and say i bought thirteen dollars eighty two cents of aggregate worth of stuff or this is how much tax i own or here's my in check and nobody does that and so the states that receive the money in billions of dollars is lost and what this bill would do is it would say as with the retail stores the sellers have to collect the money even though it's the buyer who owes the money the sellers have to collect the money and you're saying amazon and e bay are going to be doing this with the paper catalog you would with this law you would have a forty page ad on with every miss a pallet in state tax tac
issues the house doesn't always like the senate making tax decisions or though this isn't raising taxes it's just in forcing taxes but what you will see is you'll see the e.p.a. advocacy will fall away and this is a very good chance it's going to pass in the senate so just to clarify this right now nationwide if you buy something on the internet and you don't pay sales taxes not collected by the seller you have a legal obligation to write a letter to your state at the end of the year or as a...
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Apr 19, 2013
04/13
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FBC
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you have to collect taxes and automate processes in a far quicker way to satisfy the needs of a modern economy but the big thing government has to do is stop spending money on things that don't matter. this matters. innovation matters don't do things that a clematis -- commodities vegas investment changes the game. liz: and the stock is up year over year but we watch this closely and oracle of the competitor up 11% so you are doing better. the closing bell rings in 70 minutes. talk about a splash, see world jumps more than 25 percent of the stock market debut. yes they launched the ipo date to doubt the negative news flow and went for a. entertainment joins us next so why was now the good time to go public?@ and as we told you the developing news this hour the boston red sox game against kansas city royals cancelled tonight. you are looking at a live shot of a very empty fenway park just a few miles away from a massive manhunt in watertown and cambridge and will remain empty tonight. no game and the bruins hockey game also canceled for all the developments on fox business. dow jones in
you have to collect taxes and automate processes in a far quicker way to satisfy the needs of a modern economy but the big thing government has to do is stop spending money on things that don't matter. this matters. innovation matters don't do things that a clematis -- commodities vegas investment changes the game. liz: and the stock is up year over year but we watch this closely and oracle of the competitor up 11% so you are doing better. the closing bell rings in 70 minutes. talk about a...
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Apr 23, 2013
04/13
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FBC
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tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombgs and lou dobbs gives us his take. at tyco integrated security, we consider ourselves business optimizers. how? by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of qualified technicians, and a personal passion to help protect your business. when your business is optimized like that, we are tyco integrated security. and we are sharper. hey everybody, hi mom... streaming live with a tour of my new place... knowg you can still reach out. ... and now you've seen it. that's powerful
tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombgs and lou dobbs gives us his take. at tyco integrated...
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Apr 19, 2013
04/13
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CNBC
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> welcome back. we will have the very latest on the manhunt in boston in a moment. let's round up headlines in the business world first. courtney reagan with that. >> thank you, maria. stocks closing higher but for the week, the major end sis slumped. the dow and s and sp dropped more than 2%. boeing's dreamliner may be back in the air jen. u.s. aviation regular lay tomorrows approving a series of fixes on the 787. the faa saying it will issue instructions to operators that will allow the 787 to return to service with the battery system modifications. >>> shares of apple posting the second largest weekly decline in 2 1/2 years, down more that 9 percent. shares are down 45% from hitting the all-time high in september, marking a loss of more than $294 billion in fact cap. >>> ibm is trading down more 8%, marking
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> welcome back. we will have the very latest on the manhunt in boston in a moment. let's round up headlines in the business world first. courtney reagan with that. >> thank you, maria. stocks closing...
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Apr 24, 2013
04/13
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KTVU
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this raises suspicion whether tamerlan tsarnaev used tax payer to finance the blot. in the meantime, his issue, katherine russell, hid her face as she left her parents' home in rhode island. she issued a statement through her attorney saying she was stunned by the terrorist plot and doing all -- all she can to assist in the investigation. >>> as a mother, sister, daughter, wife, katie deeply mourns the pain and loss to innocent victims. >> katherine russell dropped out of college to marry tamerlan tsarnaev in 2010. they do have a 3-year-old daughter. >>> 8:05. relatives of september 11th victims may get a second chance at college scholarship money raised in their names. a recent investigation shows california has ejected more than $15 million from special license plates honoring the victims. some of that money was supposed to provide scholarships for the victim's families. an audit shows less money was received. the schoolership inded up -- schoolership ended up closing to new apply can'ts. they may reopen -- apply can'ts. they may reopen -- applicants. they may reop
this raises suspicion whether tamerlan tsarnaev used tax payer to finance the blot. in the meantime, his issue, katherine russell, hid her face as she left her parents' home in rhode island. she issued a statement through her attorney saying she was stunned by the terrorist plot and doing all -- all she can to assist in the investigation. >>> as a mother, sister, daughter, wife, katie deeply mourns the pain and loss to innocent victims. >> katherine russell dropped out of college...
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Apr 22, 2013
04/13
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CNBC
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we're in a cycle now, it's the fourth year in a row where you get this increase in volatility after tax time. and you see all the companies revising their earning forecast to temporary expectations. and so typically in the next month or two we'll have some external macro surprise that will get everyone concerned again. it's been a very consistent pattern that we do well in the fall and the early spring and then cool off and get more volatile. >> rick santelli, markets all waiting for these earnings reports this week. in the meantime among your markets, gold has bounced big today. the dollar is still flirting with 100 yen. what are you watching? what are the benchmarks you're keeping an eye on this week? >> well, you know what, i think the biggest benchmark that i'm going to pay attention to is the dax stock index in germany. it's down about 1.75% on the year. last week not only were eurozone car sales, registrations off, but germany was off in particular. i think keep it simple. i think as those auto numbers deteriorate, it's just going to exaggerate all the other weaker economies. and
we're in a cycle now, it's the fourth year in a row where you get this increase in volatility after tax time. and you see all the companies revising their earning forecast to temporary expectations. and so typically in the next month or two we'll have some external macro surprise that will get everyone concerned again. it's been a very consistent pattern that we do well in the fall and the early spring and then cool off and get more volatile. >> rick santelli, markets all waiting for...
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Apr 16, 2013
04/13
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KICU
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people doing their own taxes but for tax professionals trying to process returns. late today the state's website was reportedly working normally again. >>> oakland police say they are searching for a man who reportedly molested 7-year-old girl while posing as a plumber. investigators say the man was led inside an apartment on tenth street on saturday by claiming he was there to check for leaks. once in the apartment police say he was left alone with the girl in a room and began to molest her. when the girl screamed a family member came into the room and the man ran off. he's described as a white man in his early to mid-50s. 6'tall, 160 pounds, with light brown hair and a white beard. >>> an 8-year-old boy's heart stopped after he was hit with a pitch during a little league game. >> he was gasping for breath. >> in two minutes hear from the people who jumped into action to save him. >>> also portions of a national park in califo >>> a mother and father attending their son's baseball game on saturday sprang into action when another young player was hit by a pitch sto
people doing their own taxes but for tax professionals trying to process returns. late today the state's website was reportedly working normally again. >>> oakland police say they are searching for a man who reportedly molested 7-year-old girl while posing as a plumber. investigators say the man was led inside an apartment on tenth street on saturday by claiming he was there to check for leaks. once in the apartment police say he was left alone with the girl in a room and began to...
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Apr 18, 2013
04/13
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FBC
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nevermind tax pain, but what gout tax gain? thank you to the tax man. cheryl: tax pain is easy to think of the irs, but coming up, how 24 agency employees scammed the government and taxpayers out of big bucks, and they did it under the boss' nose. that would be uncle sam. looking at the oil contracts before break. we are, again, blow $90 a barrel, 87.52 on oil. take a look at that. ♪ , and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll finde good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. trust your instincts to make the call. to treat my low testosterone, my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than
nevermind tax pain, but what gout tax gain? thank you to the tax man. cheryl: tax pain is easy to think of the irs, but coming up, how 24 agency employees scammed the government and taxpayers out of big bucks, and they did it under the boss' nose. that would be uncle sam. looking at the oil contracts before break. we are, again, blow $90 a barrel, 87.52 on oil. take a look at that. ♪ , and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere...
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Apr 16, 2013
04/13
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KTVU
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people doing their own taxes but for tax professionals trying to process returns. late today the state's website was reportedly working normally again. >>> oakland police say they are searching for a man who reportedly molested 7-year-old girl while posing as a plumber. investigators say the man was led inside an apartment on tenth street on saturday by claiming he was there to check for leaks. once in the apartment police say he was left alone with the girl in a room and began to molest her. when the girl screamed a family member came into the room and the man ran off. he's described as a white man in his early to mid-50s. 6'tall, 160 pounds, with light brown hair and a white beard. >>> an 8-year-old boy's heart stopped after he was hit with a pitch during a little league game. >> he was gasping for breath. >> in two minutes hear from the people who jumped into action to save him. >>> also portions of a national park in california shut down. why social media is being partially blamed for this. >> i will show you when it will finally die down and temperatures will
people doing their own taxes but for tax professionals trying to process returns. late today the state's website was reportedly working normally again. >>> oakland police say they are searching for a man who reportedly molested 7-year-old girl while posing as a plumber. investigators say the man was led inside an apartment on tenth street on saturday by claiming he was there to check for leaks. once in the apartment police say he was left alone with the girl in a room and began to...
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the tax code during that time so you have told you no it's called progressive tax code no no no what reagan did is he minimize the. number of income levels so as we see turning from say seven down to five or so i was and still you only have a very telling mostly what he did as he took that he took that well actually was l.b.j. took the ninety four percent ninety one percent out of seventy four percent to close so many loopholes the billionaires actually paid more in taxes as kennedy promised in one thousand nine hundred eighty he's going to raise taxes on the rich although everybody on the right argues that he did so and here's the question if you blame reaganomics for that then the question then becomes what if there are two problems with that argument one is the fact that historically we've seen roughly eighteen percent of g.d.p. coming into the federal coffers we've done well it's varied between if you're talking about was i want to fight within the twentieth century has been within a year to twenty mins from softly so the key is right raising g.d.p. vs instead of focusing on tax
the tax code during that time so you have told you no it's called progressive tax code no no no what reagan did is he minimize the. number of income levels so as we see turning from say seven down to five or so i was and still you only have a very telling mostly what he did as he took that he took that well actually was l.b.j. took the ninety four percent ninety one percent out of seventy four percent to close so many loopholes the billionaires actually paid more in taxes as kennedy promised in...
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Apr 22, 2013
04/13
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CNBC
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as they're essentially a sales tax on investors. the financial industry is worried that this could be a back door financial transaction tax. >> there are a lot of taxes moving in washington, that's for sure. >> thanks a lot, eamon javers. when we come back the sequester effect on travel. faa employee furloughs began yesterday so should we all get ready for a lot more airport delays all around the country? we'll talk to the department of transportation inspector general mary shaf ov when we come back. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ >>> about >>> about an hour into trading and some of the stories we're squawking about. existing home sa
as they're essentially a sales tax on investors. the financial industry is worried that this could be a back door financial transaction tax. >> there are a lot of taxes moving in washington, that's for sure. >> thanks a lot, eamon javers. when we come back the sequester effect on travel. faa employee furloughs began yesterday so should we all get ready for a lot more airport delays all around the country? we'll talk to the department of transportation inspector general mary shaf ov...
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Apr 24, 2013
04/13
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KICU
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the gop can eliminate sequestration by approving a debt reduction plan that includes taxes from the wealthy through the closing of loopholes." "these cutbacks, with all the harm that's being caused to the traveling public, there's just no reason that i can see that justifies what's being done here." flight delay information is available at faa.gov. a bill will be introduced in the senate today aimed at banks that are considered too-big-to- fail. the legislation is meant to reduce risk at banks carrying more than $500 billion in assets. under the bill, the nation's largest lenders would have to raise the amount of money on hand, known as capital standards. the bi- partisan legislation is backed by a senate democrat and republican. they say the intent is to guard against the need for a taxpayer bailout in a financial crisis. the ceo and board of directors at citigroup will face key questions from an analyst at today's shareholder meeting. mike mayo, a respected analyst at clsa, is said to have purchased shares of citigroup so he could attend today's sharholder meeting and question the leaders
the gop can eliminate sequestration by approving a debt reduction plan that includes taxes from the wealthy through the closing of loopholes." "these cutbacks, with all the harm that's being caused to the traveling public, there's just no reason that i can see that justifies what's being done here." flight delay information is available at faa.gov. a bill will be introduced in the senate today aimed at banks that are considered too-big-to- fail. the legislation is meant to reduce...
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Apr 23, 2013
04/13
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CNBC
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. >> 10,000 tax jurisdictions. that's ridiculous. >> it's a lot. thanks a lot. airlines, railroads and the all important apple. all those reports out today. and the earnings squad standing by to break it down. this can save you hundreds of dollars on your cell phone blil. why millions around the world are kicking it when the ceo of kik messenger joins us live. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny mellon turns insights like these into powerful investment strategies. for a university endowment. it funds a marine biologist... who studies the peruvian anchovy. invested in the world. bny mellon. [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ge has wired their medical hardware with innovative software to be in many places at the same time. using data to connect patients to software, to nurses to the right people and machines. ♪ helping hospitals treat people even better, while dramatically reduc
. >> 10,000 tax jurisdictions. that's ridiculous. >> it's a lot. thanks a lot. airlines, railroads and the all important apple. all those reports out today. and the earnings squad standing by to break it down. this can save you hundreds of dollars on your cell phone blil. why millions around the world are kicking it when the ceo of kik messenger joins us live. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny...
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Apr 23, 2013
04/13
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FBC
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i think what we see inexas is that taxes, you know, leads t nation in terms of numbers of worker fatalities, and i think that that is a consequence of not being diligent enough in terms of making sure that the facilities that are operating across the state are complying with the state and federal laws that are out the in existence. melissa: so, i mean, this is a problem that could touch anyone in our audience because in texas alone there are 1100 of these little local facilities, fertilizer that sell ctom blends. this is all around the country. what is the bottom line on who you think should be responsible or who is responsible for making sure that they are in compliance and that the emergency response teams are not putting themselves in harm's way when they g in to try and help in the emergency situation? >> well, that's right. i think, you know, there are a number of things that could be done. for instance, the fact that a school and a rest home and hospital or all in very close proximity to the fertilizer plant, i think that is an issue. you know, that is something that needs to be resol
i think what we see inexas is that taxes, you know, leads t nation in terms of numbers of worker fatalities, and i think that that is a consequence of not being diligent enough in terms of making sure that the facilities that are operating across the state are complying with the state and federal laws that are out the in existence. melissa: so, i mean, this is a problem that could touch anyone in our audience because in texas alone there are 1100 of these little local facilities, fertilizer...
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Apr 24, 2013
04/13
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KTVU
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it was shrinking property tax revenues. four or five stations were shutdown this year now two more or on the chopping block. firefighters say that would dramatically increase response times. >> obviously minutes count, seconds count often and then on a fire emergency this allows a fire to get bigger. and looking at the budget it looks like the station closed unless we come up with something creative before. >> county leaders say there hands may be tied because voters rejected a partial tax measure to beef up staffing levels. final vote is expected may 14. >> police are hoping to solve a cold missing persons case with the hell f of forensic artist. he was 20 years old when he disappeared 10 years ago. he was five feet, 10 inches tall. shane was last seen in the arch stone apartment on owens drive back in september 2003. take a look, now, this is a new age progression picture drawn by forensic artist. it shows shane as he would appear now at the age of 32. shane is asked to contact police. >> in conquer, police are still look
it was shrinking property tax revenues. four or five stations were shutdown this year now two more or on the chopping block. firefighters say that would dramatically increase response times. >> obviously minutes count, seconds count often and then on a fire emergency this allows a fire to get bigger. and looking at the budget it looks like the station closed unless we come up with something creative before. >> county leaders say there hands may be tied because voters rejected a...
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Apr 24, 2013
04/13
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FBC
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jimmy fallon, new york loves you so much you get a $20 million tax break. hollywood reporters says the tonight show gets a break when it passes from leno to fallon and taping moves to new york from l.a. in 2014 to help profits down below 40 million a year, down from 150 million a few years ago. cheryl? cheryl: oil is on the rise crossing the $90 mark. sandra smith is in the pits of the cme a watching contracts and more. sandra? >> hey, cheryl. it's been a huge couple weeks for commodities. volatility and volume as well. looking at the crude oil contract, back above $90 a barrel, and the most active front month contracts above $91 a barrel. nearly a $2 gain on the session. there's a couch l things at -- couple things at work. ubs, royal bank of scotland, they are increasing speculation in the marketplace that the european central bank is goong to cut its key interest rate to a record low. you have speculators buying up crude oil based on those reports, but you also got some fundamentals kicking in here. you got a report out from the government this morning s
jimmy fallon, new york loves you so much you get a $20 million tax break. hollywood reporters says the tonight show gets a break when it passes from leno to fallon and taping moves to new york from l.a. in 2014 to help profits down below 40 million a year, down from 150 million a few years ago. cheryl? cheryl: oil is on the rise crossing the $90 mark. sandra smith is in the pits of the cme a watching contracts and more. sandra? >> hey, cheryl. it's been a huge couple weeks for...
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Apr 23, 2013
04/13
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FBC
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how many pay taxes? we don't know. how many will pay taxes if they get jobs? how much will they pay in taxes? we don't know. what is the real cost of illegal immigration to the u.s.? the real cost? hohonest square, accounting? what is this answer. what are those illegal immigrants paying in taxes and providing in the way of services to others in this country, some are i imencely productive? what is the cost of the jobs they hold, is there no cost? is it true they only work in industries where americans don't top work. this that is find just give us an answer, do we as a nation make money? do we benefit? do we prosper because of illegal immigration. you hear everyone say we're a nation of immigrants, why don't they say a nation of illegal immigrants? the questions go on and on, is the path to citizenship appropriate? is it good or bad for the economy? it is good for american society. the real question becames after 10 years of debating this issue, why in the world don't we havv tse answers? that's the big question. if you have been watching politics, and washin
how many pay taxes? we don't know. how many will pay taxes if they get jobs? how much will they pay in taxes? we don't know. what is the real cost of illegal immigration to the u.s.? the real cost? hohonest square, accounting? what is this answer. what are those illegal immigrants paying in taxes and providing in the way of services to others in this country, some are i imencely productive? what is the cost of the jobs they hold, is there no cost? is it true they only work in industries where...
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Apr 23, 2013
04/13
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MSNBCW
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warrick wants to allow it to sold and taxed in a way that monitors how alcohol is sold and taxed. it is a little more complicated than that because of a little thing call the federal government. and he is tasked with ill plemting the new law, new law a professor of public policy at ucla and author of "marijuana cost of abuse, cost of control." welcome, mark. you're advising washington state on how to implement their new law. what are you doing? what are you advising? such that the law is implemented and people behave in a way that is responsible? and is not about we want more people to get high but we don't want people who are committing nonviolent offenses to be crimin criminalized? >> right. we don't want hundreds of millions of dollars in washington state going to revenues. i'm not sure what did the report you just quoted, but anybody who thought there was $46 billion in available in revenues has been smoking something. that's not going to happen. there is some revenue available. but the point you made is the right point. how do you have cannabis available to adults for respons
warrick wants to allow it to sold and taxed in a way that monitors how alcohol is sold and taxed. it is a little more complicated than that because of a little thing call the federal government. and he is tasked with ill plemting the new law, new law a professor of public policy at ucla and author of "marijuana cost of abuse, cost of control." welcome, mark. you're advising washington state on how to implement their new law. what are you doing? what are you advising? such that the law...
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issues the house doesn't always like the senate making tax decisions or though this isn't raising taxes it's just in forcing taxes but what you will see is you'll see the e.p.a. advocacy will fall away and this is a very good chance it's going to pass in the senate so just to clarify this right now nationwide if you buy something on the internet and you don't pay sales taxes not collected by the seller you have a legal obligation to write a letter to your state at the end of the year or as a buyer and say i bought thirteen dollars eighty two cents an aggregate worth of stuff or this is how much tax i own or here's my in check and nobody does that and so the states that receive the money in billions of dollars is lost and what this bill would do is it would say as with the retail stores the sellers have to collect the money even though it's the buyer who owes the money the sellers have to collect the money and you're saying amazon and e bay are going to be doing this with the paper catalog you would with this law you would have a forty page ad on with every miss a pallet in state tax tac
issues the house doesn't always like the senate making tax decisions or though this isn't raising taxes it's just in forcing taxes but what you will see is you'll see the e.p.a. advocacy will fall away and this is a very good chance it's going to pass in the senate so just to clarify this right now nationwide if you buy something on the internet and you don't pay sales taxes not collected by the seller you have a legal obligation to write a letter to your state at the end of the year or as a...
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Apr 16, 2013
04/13
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CNBC
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so unless money was going either to uncle sam for taxes or to meet margin calls, like mandy suggested, people were stockpiling greenbacks. good idea, or is cash while still safe not a good bet? first to you, is cash king or is it the most unattractive asset out there right now? >> it's need. nothing beats it, i do think, though, investors can probably do better in the existing marketplace, so i think unless you're really risk averse or need the cash, you can probably do better. whether it's stocks or bonds, or even commodities as much as have been beating down lately. the question is, is where -- >> well, first of all, the children's hospital that michael just made. to me gold -- cash, parking spot. i think the concerns, of course, that during periods of volatility. there's a tend anyto gravitate. cash is one of the places where you want to put money on a very short-term basis. now the real issue here is about what gold represents in terms of a safe haven. we've always argued that gold is not an up permeable, if protects against extreme outcomes. it protects against the basement of cu
so unless money was going either to uncle sam for taxes or to meet margin calls, like mandy suggested, people were stockpiling greenbacks. good idea, or is cash while still safe not a good bet? first to you, is cash king or is it the most unattractive asset out there right now? >> it's need. nothing beats it, i do think, though, investors can probably do better in the existing marketplace, so i think unless you're really risk averse or need the cash, you can probably do better. whether...
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Apr 23, 2013
04/13
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CSPAN
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get the back taxes. let's get to get them in the light of day so they are e andcted from abus an exploitation. we have high tech workers that don't come here but go to other countries and compete with us. we need people from ranchers to derek to farmers. i don't think this bill goes far enough. i would like to see more, but this is progress. >> your statement mentions several examples of how terrorist disadvantage of our system. even mention how awesome terrorists have applied and received asylum. you mentioned the bill would allow people will have filed a frivolous asylum applications benefits under the legalization system. do you know how many people fall into that category and how does the bill before us make the current system weaker? >> i do outlined in my written testimony a number of pages of terrorists who have taken advantage of asylum. we have most notably the case just a few weeks ago of the syrian national who had been years since 9/11 who was known to help and support materially the 9/11 hij
get the back taxes. let's get to get them in the light of day so they are e andcted from abus an exploitation. we have high tech workers that don't come here but go to other countries and compete with us. we need people from ranchers to derek to farmers. i don't think this bill goes far enough. i would like to see more, but this is progress. >> your statement mentions several examples of how terrorist disadvantage of our system. even mention how awesome terrorists have applied and...
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Apr 23, 2013
04/13
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KTVU
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they are against a plan on connecting sales tax on internet purchases. ebay says this tax could hurt small businesses. the senate overwhelmingly agreed to start to debate this year. the proposal exempts online retailers with less than a million dollars in sales a year. >>> there's a new sign the housing market is getting stronger. the commerce department says of new single family homes rose 1.5% in march. march sales jumped 18.5% higher than during march last year. the national average price fell 7% from february to march. >>> the mare construction industry is see -- the bay area construction industry is seeing more jobs. nearly 14,000 jobs were added to the bay area economy last year. that's the most since the start of the recession. this expanded the total numbers of jobs by 10-point -- by 10% 5%. >>> we're hearing reports of flight delays because of furloughs. it started sunday. yesterday there were reports of delays at east coast airports. and up to three hours in los angeles, at l.a.x. we've learned san francisco has 38 controllers and three to four will be furloughed each day.
they are against a plan on connecting sales tax on internet purchases. ebay says this tax could hurt small businesses. the senate overwhelmingly agreed to start to debate this year. the proposal exempts online retailers with less than a million dollars in sales a year. >>> there's a new sign the housing market is getting stronger. the commerce department says of new single family homes rose 1.5% in march. march sales jumped 18.5% higher than during march last year. the national average...
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Apr 22, 2013
04/13
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KTVU
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. >> it's going to be more taxes for the state. i think that's pretty critical. >> reporter: this airport runs some 80,000 oerpgs -- operations a year with about a dozen controllers. huge for the pilots who are based here. there's a flight school and a restaurant, where the owner says better to have fewer controllers than none at all. >> they will have to scale it up with the skeleton group. we're not imposing a danger to the pilots that are flying in and out of the this field. >> reporter: faa towers like this one are safe from closing until at least next year. but more than 100 others under federal contract are slated to shut in june. meanwhile, airline and pilot organizations are suing to halt the furloughs already under way. reporting live in santa rosa, debra villalon, ktvu channel 2 news. >>> five people parked outside a san jose nightclub early today may all manage to avoid being wounded when someone fired multiple rounds right into their car. this all happened around 2:00 outside the fiesta nightclub. police say an argument
. >> it's going to be more taxes for the state. i think that's pretty critical. >> reporter: this airport runs some 80,000 oerpgs -- operations a year with about a dozen controllers. huge for the pilots who are based here. there's a flight school and a restaurant, where the owner says better to have fewer controllers than none at all. >> they will have to scale it up with the skeleton group. we're not imposing a danger to the pilots that are flying in and out of the this...
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Apr 23, 2013
04/13
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KTVU
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senate today voted overwhelmingly to take up a bill that could impose sales tax on all internet sales. today's vote clears the way for debate and attempts later this week. it would then go to the house of representatives. the bill would exempt online retailers with less than a million a year in sales. >>> protesters in san francisco used the annual environmental event as a call to arms. [ drums beating ] >> at the epa's regional headquarters, a diversion crowd of demonstrators spoke out against a variety of problems. they criticized the investigation into last summer's richmond refinery fire and also protested against hydraulic fracking for natural gas. >> we're here to ask the epa to stop the expansion of the toxic wasteland filling our town. >> these people are really frustrated. many of them low-income minority folks from the bay area that feel like there's too much pollution in the neighborhoods. >> the protesters then marched to the state department offices where they stepped up their protests to civil disobedience. the epa administrator said 40 years after the first earth day, t
senate today voted overwhelmingly to take up a bill that could impose sales tax on all internet sales. today's vote clears the way for debate and attempts later this week. it would then go to the house of representatives. the bill would exempt online retailers with less than a million a year in sales. >>> protesters in san francisco used the annual environmental event as a call to arms. [ drums beating ] >> at the epa's regional headquarters, a diversion crowd of demonstrators...
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Apr 23, 2013
04/13
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FOXNEWSW
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he's working on a tax reform bill. not that i think it's going to come to fruition, but he has that kind of access and power. and so i think, you know, for republicans you in theory always like to have of an open seat because incumbents, in theory, are harder to beat. but i think once they're going to to be the underdog in this race. unless the president's poll numbers next year look something similar to 2010 where people had just really soured on his leadership. jon: max baucus was one of the five democrats that voted against the gun control legislation that recently did not make it out of the u.s. senate, much to the president's displeasure. david drucker from "roll call," thank you. >> thanks a lot. jenna: talking about the political implications there with all the different reports of terror attacks over the last several days. one of the things that's come up is whether or not it's going to impact the debate on immigration. today a senate committee heard from homeland chief janet napolitano on reform legislation, a
he's working on a tax reform bill. not that i think it's going to come to fruition, but he has that kind of access and power. and so i think, you know, for republicans you in theory always like to have of an open seat because incumbents, in theory, are harder to beat. but i think once they're going to to be the underdog in this race. unless the president's poll numbers next year look something similar to 2010 where people had just really soured on his leadership. jon: max baucus was one of the...
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Apr 24, 2013
04/13
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CNBC
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i would much rather see a full tax report of a low rate, flat tax. get rid of all this garbage and nonsense. >> ah! >> have one low rate which jerry brown proposed in 1982 and be done with all these other problems. >> we double tax investment and savings. why don't we just tax consumption. in other words, investment savings is the seed core of the whole country. that's why new jobs, new income. why would we want to tax savings, much less double and triple tax? >> sadly, larry, in washington, much of the economics profession as well does not understand that investment is the mother's milk of pros period of time. without investment, you don't get a higher standard of link. trying to put caps on capitalization is ridiculous. we should be moving back through the flat tax or other reforms and in terms of what the president proposed on 401 ks, larry, you know and i know that's the beginning. first of all, they lied no us about social security, they are double taxed. we were told they would not be taxed when we were retired. they've moved back on that promi
i would much rather see a full tax report of a low rate, flat tax. get rid of all this garbage and nonsense. >> ah! >> have one low rate which jerry brown proposed in 1982 and be done with all these other problems. >> we double tax investment and savings. why don't we just tax consumption. in other words, investment savings is the seed core of the whole country. that's why new jobs, new income. why would we want to tax savings, much less double and triple tax? >> sadly,...
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Apr 24, 2013
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basically if you are in a state where the store isn't, you'll have to pay online taxes. you're in north carolina, you buy from an online store that's based in north carolina, you have to pay taxes. if you are in another state and you buy from that store, technically you're supposed to pay taxes but they don't have to collect them. >> nobody does it? >> nobody does it. >> not all small businesses would be affected by this law, right? a lot of them are upset. why? >> if you have less than $1 million in revenue you are not affected by this. small businesses are split on this. depends who you compete against. if you are a small business doing a lot of sales on the internet and people don't have to pay sales tax, then that's an advantage to you, right? you can be cheaper than walking down the street and buying from a big box store. on the flip side, if you're a small business and you're doing most of your business in your state, then suddenly you're at a disadvantage because someone can buy something online from somebody else and not pay taxes. >> there's an additional concer
basically if you are in a state where the store isn't, you'll have to pay online taxes. you're in north carolina, you buy from an online store that's based in north carolina, you have to pay taxes. if you are in another state and you buy from that store, technically you're supposed to pay taxes but they don't have to collect them. >> nobody does it? >> nobody does it. >> not all small businesses would be affected by this law, right? a lot of them are upset. why? >> if...